Inaugural Oracle Startup Cloud Accelerator Program Officially Commences in Singapore

Singapore – October 25, 2017 – Oracle today announced the inaugural class of startup
participants officially commencing the six-month Oracle Startup Cloud Accelerator program in
Singapore.

Selected from hundreds of applicants, the six startups in
Singapore’s initial class were chosen from a highly competitive and diverse
pool of startups. They are Arya.ai, FlexM, FOMO
Pay, Hacker Trail, RL Club, and Unscrambl. These startups leverage
new technology solutions across industries such as retail, recruitment, and
finance. The startups will be entitled to technical and business mentoring by
Oracle and industry experts, state-of-the-art technology with free Oracle Cloud
credits, full access to a co-working space within Oracle’s premises, as well as
access to Oracle’s vast global ecosystem of startup peers, customers, investors
and partners.

Sanket Atal, group vice president of research and development,
Oracle Corporation, said, “Singapore has a vibrant entrepreneurial ecosystem
and we received a brilliant response from the community. We are extremely
thrilled to announce the six companies shortlisted for the first cohort of the
Oracle Startup Cloud Accelerator program in Singapore. These startups are an
exciting mix with expertise in artificial intelligence, machine learning, deep
technology, payment gateways and other disruptive technologies. We can’t wait
to start working with these incredible startups with great potential.”

Zack Yang, chief operations officer at FOMO Pay said, “We are
excited to embark on this journey with Oracle Startup Cloud Accelerator. As a
payment solution platform, Oracle’s expertise in providing the right cloud
infrastructure for enterprises is a perfect match for us. I believe that this
synergy between FOMO Pay and Oracle will bring our mobile payment technology to
greater heights.”

Details of the new cohort at the Oracle Startup Cloud
Accelerator program in Singapore:

·         Arya.ai is an enterprise
deep learning platform designed to automate complex data science tasks involved
while building neural network based application or predictive models and in
production. The platform is optimised for autonomous applications that can
learn and re-learn in real-time without any human input.

·         FlexM is a
fast-growing Singapore-based fintech company working toward the financial
inclusion of migrant and foreign domestic workers. FlexM’s complete and
seamless financial solution is designed specifically to consist of consumer
card, payroll solutions for businesses, and prepaid global cards.

·         FOMO Pay is a one-stop QR code payment solution platform that
enables merchants to accept a full suite of new payment methods including
WeChat Pay, NETSPay, mVISA, and more. With FOMO Pay, merchants can unlock their
business potential by giving customers the payment options they prefer and
adopt cashless payment easily.

·         Hacker Trail is a curated, cloud-based marketplace for the technology
industry, designed to source, engage, curate and connect the right candidates
with the right job opportunities across Southeast Asia. Headquartered in
Singapore, HackerTrail engages with candidates from over 80 countries and
serves top multinational companies and fast growing startups in the region.

·         RL Club is a rewards and
loyalty club mobile app that rewards consumers for brand engagement and
advertisement consumption. It solves loyalty for enterprise by building and
operating award-winning white-label mobile engagement platforms for telecoms
and banks, enabling their customers to be paid by consuming targeted ads.

·         Unscrambl is an
Atlanta-based startup that has developed a disruptive, next generation
real-time cognitive analytics platform. Unscrambl’s solution senses events as
they happen, analyses in context with artificial intelligence, and responds in
real-time with optimal recommendations and actions.

Launched in April 2016, the Oracle Startup Cloud Accelerator
Program is a next-generation acceleration initiative driven by Oracle R&D.
The program focuses on reimagining enterprise innovation through collaborations
with startups that foster co-development and co-innovation.

The Oracle Startup Cloud Accelerator is open to technology and
technology-enabled startups. Global locations include Bangalore, Bristol,
Delhi–NCR, Mumbai, Paris, São Paulo, Singapore and Tel Aviv. The Startup Cloud
Accelerator is working with F6S, an online network of startup founders, to
generate applications for the eight accelerator programs.

·         Oracle Startup Cloud
Accelerator Singapore

·         Follow Oracle Startup Cloud Accelerator on Facebook and Twitter

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please visit us at oracle.com.

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